As a business owner, calculating payrolls can be an overwhelming task due to the intricacies involved. You need to be extremely meticulous and ensure that overtime wages, vacation pay, statutory holiday pay amount, minimum hours of work, and other aspects are taken into account. Generating payroll manually can also make you susceptible to errors that could lead to a resultant loss or a lawsuit filed against you and your business.
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Why You Should Choose Payroll Connected!
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Busted! Don’t Believe These Payroll Myths!
Maintaining payrolls can be quite challenging. Whether it’s evaluating employee’s wages or overtime inclusions, it’s vital to handle all aspects accurately to avoid any miscalculations. However, as processing payrolls is an intricate process, numerous false facts have come into existence and are accepted as the truth.
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Common Mistakes People Make In Payroll Calculations
Calculating the payroll can prove to be a tedious affair due to the intricacies and complexities involved regarding overtime wages, vacation pay, statutory holiday pay amount, minimum hours of work, etc. Moreover, the process can further lead to a resultant loss, a heavy penalty, or a legal claim in case you commit a blunder while handling the payroll activities. While using automated software makes the entire process easier, many decide to do the payroll calculations themselves. If you decide on completing the process of payroll calculation by yourself, you should steer clear of the potential payroll errors that could endanger your business. To help you avoid these and compute the payroll precisely and accurately, Payroll Connected has a compiled a list of the most common mistakes people make in payroll calculations that you should avoid.
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Announcing The New Website
We are delighted to announce the launch of our new website!
Our new website provides our existing and prospective clients a simple yet interactive view of our work and the services we offer.CLICK HERE TO READ THE FULL ARTICLE »
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New Website Under Construction
We are currently revamping our website. Our new website will be interactive and mobile friendly!
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